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Global Kids Co (TSE:6189) Retained Earnings : 円4,745 Mil (As of Mar. 2024)


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What is Global Kids Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Global Kids Co's retained earnings for the quarter that ended in Mar. 2024 was 円4,745 Mil.

Global Kids Co's quarterly retained earnings declined from Sep. 2023 (円4,836 Mil) to Dec. 2023 (円4,667 Mil) but then increased from Dec. 2023 (円4,667 Mil) to Mar. 2024 (円4,745 Mil).

Global Kids Co's annual retained earnings declined from Sep. 2021 (円5,442 Mil) to Sep. 2022 (円5,127 Mil) and declined from Sep. 2022 (円5,127 Mil) to Sep. 2023 (円4,836 Mil).


Global Kids Co Retained Earnings Historical Data

The historical data trend for Global Kids Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Global Kids Co Retained Earnings Chart

Global Kids Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial 4,522.00 4,960.00 5,442.00 5,127.00 4,836.00

Global Kids Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,991.00 4,735.00 4,836.00 4,667.00 4,745.00

Global Kids Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Global Kids Co  (TSE:6189) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Global Kids Co (TSE:6189) Business Description

Traded in Other Exchanges
N/A
Address
2-14, Fujimi 2-chome, Chiyoda-ku, Tokyo, JPN, 102-0071
Global Kids Co Ltd provides child care support services in Japan. It operates licensed nurseries and non-licensed nurseries, and after-school clubs and children's centers.

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